How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 484.52

+1.6%

10:57 AM EST

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To: Teflon who wrote (23332)	5/27/1999 10:45:00 AM
From: t2	Read Replies (2) of 74651

MSFT, today, is behaving very strong. The news on IBM's potential testimony (which I thought could be extremely damaging) has had no effect on the stock I think the news on the IBM testimony was already out yesterday or even earlier. However, I also expected some selloff as a result. What does this mean? Could it be that people are finally looking beyond the short term problems? I am looking well into the next couple of years but always felt that the stock was going to move based upon what is in the near term---based upon how the stock normally moves. It may be that institutions finally realize that they should not pass up such an opportunity. I hope that is not the case as I still have my short term options for July--still on hold.

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